Filing Details

Accession Number:
0001667482-24-000003
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-06-25 18:54:46
Reporting Period:
2024-06-21
Accepted Time:
2024-06-25 18:54:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
719413 Hecla Mining Co HL Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400) 770664171
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1667482 Denis Robert Brown 6500 N Mineral Dr
Suite 200
Coeur D Alene ID 83815
Vp - Corp. Develop & Sustain. No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-06-25 24,792 $4.91 607,649 No 4 S Direct
Common Stock Acquisiton 2024-06-21 60,479 $5.17 607,649 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance rights Acquisiton 2024-06-21 60,479 $0.00 60,479 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
607,649 2027-01-01 2027-01-01 No 4 A Direct
Footnotes
  1. Mr. Brown was awarded (i) 20,305 restricted stock units on June 21, 2021, (ii) 38,374 restricted stock units on June 21, 2022, and (iii) 37,030 restricted stock units on June 21, 2023. The restrictions lapsed on 1/3 of those vesting units (31,903 shares). To cover his tax liability, Hecla Mining Company sold 24,792 shares.
  2. Consists of 398,205 shares held directly, 111,488 performance-based shares; and 97,956 unvested restricted stock units.
  3. Award of restricted stock units that vest as follows: 20,159 shares on June 21, 2025, 20,160 shares on June 21, 2026, and 20,160 shares on June 21, 2027.
  4. See footnote 2
  5. Mr. Brown was awarded performance rights representing the contingent right to receive between $78,169 and $625,350 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2024 to December 21, 2026) relative to our peers. Examples of the potential grant of shares to Mr. Brown under this plan are as follows: 100th percentile potential grant of shares = maximum award at 200% of target ($625,350 in stock); 50th percentile rank among peers = target award at grant value ($312,675 in stock); and 25th percentile rank among peers = threshold award at 25% of target ($78,169 in stock).
  6. See footnote 2.